Asian Stock Markets' Drop Presents Buying Opportunity

Nikkei is DOWN 614 ....no wait there is a turnaround happening.... only 607 down now

Hang Seng down 581 at lunch (and you know how it trades after lunch on days like this...) Adv 1 Dec 34

Goldilocks Fut DOWN 107!!!!!!

I knew this would be ugly ......eventually....
 
Quote from Alex_in_Oz:

Oh this is almost comical


this unwinding is massive.. just panic in the streets ...
and i don't know over what, other than carry trade unwinding and contagious selling..

oh well.

it is a buying opportunity, but i'm waiting until the dust settles.

hang seng enterprise index is at November levels. so much for the china boom and blowoff top.
 
Quote from scriabinop23:

this unwinding is massive.. just panic in the streets ...
and i don't know over what, other than carry trade unwinding and contagious selling..
Let's start spreading some rumors about hedge funds folding like sub-prime lenders :)
 
Quote from Bowgett:

Let's start spreading some rumors about hedge funds folding like sub-prime lenders :)

i really would've thought if the hedgies were this leveraged up on long futures, that at least the dow/nasdaq/sp would have peaked much higher.

is this just a short fest? and not an outright unwinding?
 
I hope you've got cash left dude

Funny thing is they are blaming the usual suspects -Hedge Funds
Market commentators are saying they could be in cahoots with one another...

Really?

When they were mentioning 'Goldilocks Economy' I think people forgot about the THREE BEARS!!! Moral: READ your bedtime stories!
 
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